Core Viewpoint - The company, Youyan New Materials Co., Ltd., expects a significant increase in net profit for Q1 2025, projecting a profit of 60 million to 75 million yuan, representing a year-on-year growth of 13,076% to 16,370% [2] Group 1: Financial Performance - The main reasons for the profit increase include a reduction in the holding ratio of its subsidiary, Youyan Rare Earth New Materials Co., Ltd., leading to a loss reduction of over 30 million yuan [3] - The wholly-owned subsidiary, Youyan Yijin New Materials Co., Ltd., is expected to see a net profit increase of over 30 million yuan, driven by a significant rise in the production and sales of high-value-added target materials, with a profit growth of over 60% [3] Group 2: Production and Capacity Expansion - The company is actively promoting the expansion project for target materials at Youyan Yijin, with an actual investment of 19.47 million yuan and a cumulative investment of 466.51 million yuan as of mid-2024 [3] - The production capacity at the Changping base is fully released, and the Dezhou base is optimizing its equipment and production processes to gradually increase capacity [3] Group 3: Market Outlook - The company anticipates continued growth in the target materials business due to the recovery of the downstream semiconductor market, with sufficient orders on hand and expectations for sustained volume growth [4] - The company is focused on advancing key technologies for high-performance target materials and is strategically positioning itself in the high-end new materials market to support the semiconductor industry [4] Group 4: Industry Context - The integrated circuit target materials involve over 20 types of high-purity materials, with more than 70% of these materials now being domestically produced in China, including high-purity metals and alloy sputtering targets [6] - The company's stock price experienced a significant increase, reaching a peak of 25.72 yuan per share, reflecting a 224.34% rise from its lowest point of 7.93 yuan within the year [6]

Financial Performance - The total operating revenue for 2024 is RMB 9,145,784,810.29, a decrease of 15.49% compared to the previous year[4] - Operating profit is RMB 15,396,062.56, down 94.15% year-on-year[4] - Total profit amounts to RMB 16,890,483.78, reflecting a decline of 93.56% compared to the same period last year[4] - Net profit attributable to shareholders is RMB 147,689,685.79, a decrease of 34.78% year-on-year[4] - The net profit after deducting non-recurring gains and losses is RMB 114,000,923.80, down 35.83% from the previous year[4] - Basic earnings per share are RMB 0.174, a decline of 35.56% compared to last year[4] Assets and Equity - Total assets at the end of the reporting period are RMB 6,503,356,155.69, an increase of 4.27% from the beginning of the period[4] - Shareholders' equity attributable to the company is RMB 3,917,378,324.37, up 3.82% from the beginning of the period[4] Subsidiary Performance - The significant decline in profits is primarily due to a substantial decrease in the profits of the subsidiary, Yuyuan Rare Earth, which fell by RMB 287,502,500[6] - The company's shareholding in Yuyuan Rare Earth decreased from 88.7244% to 45% starting from March of the reporting period[6]

Financial Performance Expectations - The company expects a net profit attributable to shareholders of 60 million to 75 million yuan for Q1 2025, an increase of 59.54 million to 74.54 million yuan compared to the same period last year, representing a year-on-year growth of 13,076% to 16,370%[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be 55 million to 70 million yuan, an increase of 60.28 million to 75.28 million yuan compared to the same period last year[5]. - The previous year's net profit attributable to shareholders was 0.4554 million yuan, and the net profit after deducting non-recurring gains and losses was -5.2822 million yuan[4]. Factors Influencing Profit Increase - The increase in profit is primarily due to the reduction in the company's shareholding in its subsidiary, Yuyuan Rare Earth, which decreased from 88.7244% to 45%, resulting in a reduction of losses exceeding 30 million yuan[6]. - The wholly-owned subsidiary, Yuyuan Yijin, is expected to achieve a net profit attributable to shareholders exceeding 30 million yuan, driven by a significant increase in the sales volume and gross profit of high-value-added products[6]. - Yuyuan Yijin's total profit for Q1 is expected to be between 90 million and 100 million yuan, with a gross profit increase of over 60%[6]. Earnings Forecast Reliability - The company confirms that there are no significant uncertainties affecting the accuracy of this earnings forecast[7]. - The expected performance data is preliminary and has not been audited by a registered accountant, with final figures to be disclosed in the official Q1 2025 report[8].

智通财经4月14日电，有研新材(600206.SH)公告，预计2025年第一季度实现归属于上市公司股东的净利 润6000万元到7500万元，同比增长13076%到16370%。全资子公司有研亿金继续聚焦高附加值产品，本 季度靶材产销量同比明显增长，靶材产品毛利增加带动有研亿金利润总额增长超过60%。 有研新材：预计一季度净利润同比增长13076%到16370% ...

Core Viewpoint - The Chinese precious metals materials industry is experiencing significant growth driven by various national and provincial policies aimed at promoting sustainable development, resource recycling, and the advancement of strategic emerging industries [1][3][11]. Policy Overview - Since the "14th Five-Year Plan," multiple policies have been implemented to enhance the development of strategic emerging industries, including precious metals materials, which are crucial for sectors like automotive, environmental protection, and biomedicine [3][11]. - The government emphasizes the importance of recycling precious metals, particularly in the context of green and low-carbon development, as outlined in the "Action Plan for Promoting Large-Scale Equipment Renewal and Consumer Goods Replacement" released in March 2024 [3][4]. National Policy Summary - A series of national policies have been introduced to support the precious metals materials industry, focusing on improving the supply chain for key materials and promoting the recycling of precious metals [3][4]. - Key policies include: - The "Standard Enhancement Action Plan" aims to optimize standards across various industries by 2027 [4]. - The "Guidance on Coordinating Energy Conservation, Carbon Reduction, and Recycling" targets a recycling volume of 450 million tons of major renewable resources by 2025 [4]. - The "14th Five-Year Plan for the Precious Metals Industry" outlines goals for increasing gold resource exploration and production [4][5]. Provincial Policy Highlights - Various provinces have established specific policies to promote the development of the precious metals materials industry: - Fujian focuses on high-purity rare metals and advanced materials [14]. - Gansu aims to leverage its platinum group metal resources to develop hydrogen energy-related materials [14]. - Guangdong and Henan have set ambitious targets for gold and silver resource development by 2025 [14][17]. - The policies across provinces emphasize the importance of recycling and resource utilization, with several regions targeting the establishment of recycling markets for precious metals [14][17]. Industry Development Goals - The precious metals materials industry is set to benefit from a robust policy framework that encourages innovation, recycling, and sustainable practices [11][17]. - By 2025, significant advancements are expected in the recycling and utilization of precious metals, with provinces like Yunnan targeting a production capacity of over 30 tons of platinum group metals [17].

证券代码：600206 证券简称：有研新材 公告编号：2025-010 有研新材料股份有限公司 2025 年第一次临时股东大会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 1,488 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 289,083,968 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 34.1483 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次临时股东大会由公司董事长杨海先生主持，会议表决方式符合《公司法》 及《公司章程》的规定。 (一) 股东大会召开的时间：2025 年 4 月 11 日 (二) 股东大会召开的地点：北京市西城区新街口外大街 2 号 D 座中国有研大 厦 18 层 有研新材大会议室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份 ...

北京市汉达律师事务所关于 有研新材料股份有限公司 2025 年第一次临时股东大会的 法律意见书 致：有研新材料股份有限公司 为出具本法律意见书，本所律师审查了公司提供的有关本次股东大会的文 件，同时听取了公司就有关事实的陈述和说明，列席了本次股东大会。 在本法律意见书中，本所律师根据《股东大会规则》的要求，仅就本次股东 大会的召集、召开程序是否合法及是否符合《公司章程》、出席会议人员资格和 会议召集人资格的合法有效性、会议表决程序和表决结果的合法有效性发表意 见，而不对本次股东大会所审议的议案内容和该议案中所表述的事实或数据的真 实性和准确性发表意见。 本所律师仅根据本法律意见书出具日前发生或存在的事实及有关的法律、行 政法规、其他规范性文件的规定，仅就本次股东大会所涉及的相关法律问题发表 法律意见。 本法律意见书仅供本次股东大会之目的而使用，不得用于其他任何目的或用 途。本所同意公司可将本法律意见书作为公司本次股东大会公告材料，随其他需 公告的信息一起向公众披露，并依法对本所在其中发表的法律意见承担法律责 任。未经本所书面同意不得用于其他任何目的。 基于上述，根据有关法律法规的要求，按照律师行业公认的业务标 ...

有研新材料股份有限公司 二〇二五年四月十一日 重要内容提示 有研新材料股份有限公司 ? 本次股东大会审议的全部议案已经公司第九届董事会第十次会议审议通 过，会议决议及有关公告详见 2025 年 3 月 27 日的《上海证券报》、 现场会议时间：2025 年 4 月 11 日 下午 14:00 网络投票时间：2025 年 4 月 11 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过互 联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 现场会议召开地点：北京市西城区新街口外大街 2 号 D 座中国有研大厦 18 层有研新材大会议室 会议召集人：公司董事会 《证券 日报》和上海证券交易所网站（www.sse.com.cn） ? 本次股东大会通知详见 2025 年 3 月 27 日的《上海证券报》、《证券日报》 和上海证券交易所网站（www.sse.com.cn） 有研新材料股份有限公司董事会 有研新材料股份有限公司 关于增选王国平先生为公司独立董事的议案 会议表决方式：本 ...

有研新材料股份有限公司 2025年第一次临时股东大会会议资料 二〇二五年四月十一日 重要内容提示 现场会议召开地点：北京市西城区新街口外大街 2 号 D 座中国有研大厦 18 层有研新材大会议室 会议召集人：公司董事会 会议表决方式：本次股东大会采用现场投票和网络投票相结合的表决方式。 公司通过上海证券交易所交易系统向股东提供网络形式的投票平台，流通股 股东可以在网络投票时间内通过上述系统进行投票。 现场会议主持人：公司董事长 一、主持人向大会介绍出席会议的股东、股东授权代表及其代表的股份数和 公司董事、监事，以及列席的高级管理人员及其他人员情况 股东大会召开日期：2025 年 4 月 11 日 股权登记日：2025 年 4 月 7 日 是否提供网络投票：是 本次股东大会审议的全部议案已经公司第九届董事会第十次会议审议通 过，会议决议及有关公告详见 2025 年 3 月 27 日的《上海证券报》、《证券 日报》和上海证券交易所网站（www.sse.com.cn） 本次股东大会通知详见 2025 年 3 月 27 日的《上海证券报》、《证券日报》 和上海证券交易所网站（www.sse.com.cn） 有研新材料 ...

有研新材: 有研新材料股份有限公司第九届董事会 第十次会议决议公告 证券代码：600206 证券简称：有研新材 公告编号：2025-007 有研新材料股份有限公司 表决情况：出席本次会议的董事以 6 票赞成，0 票反对，0 票弃权审议通过 本议案。 一、董事会会议召开情况 有研新材料股份有限公司第九届董事会第十次会议通知和材料于 2025 年 3 月 16 日以书面方式发出。会议于 2025 年 3 月 26 日在有研新材料股份有限公司 会议室以通讯会议方式召开。会议应到董事 6 名，实到董事 6 名。会议由董事 长杨海先生主持。公司全体监事、高级管理人员列席会议。本次会议符合《公 司法》及《有研新材料股份有限公司章程》的规定，会议合法有效。 二、董事会会议审议情况 （一）审议通过《关于增选王国平先生为公司独立董事的议案》 同意增选王国平先生为公司第九届董事会独立董事，任期自股东大会选举 通过之日起，至本届董事会届满之日止。 公司第九届董事会第二次提名委员会审议通过了本议案，全体委员对该议 案发表了同意的意见。 此议案需提交公司 2025 年第一次临时股东大会审议。 第九届董事会第十次会议决议公告 本公司董事 ...